Republic Services’ Brian A. Bales acquires stock awards

Stock units in the Deferred Compensation Plan equal common-stock value and settle in cash; the other reported awards reflect dividend accruals.

Rhea-AI Filing Summary

Republic Services, Inc. (RSG) EVP and Chief Development Officer Brian A. Bales reported direct awards on October 15, 2026: 196.9 restricted stock units, 82.25 stock units, and 116.56 performance shares (PSUs). The RSUs are dividend accruals on outstanding awards and vest and settle only to the extent those awards vest; the PSUs are dividend equivalents on earned, deferred awards. The stock units are held under the Deferred Compensation Plan in a fund where units equal common-stock value and settle in cash. Reported post-transaction balances were 67,697.01 RSUs, 28,272.25 stock units, and 40,066.56 PSUs.

Insider Trade Summary

Grant/Award: 395.71 shares

Grant/Award 3 txns

Insider Bales Brian A

Role EVP, Chief Development Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2, F3	196.9	$229.65	$45K
Grant/Award	Stock Units F4	82.25	$229.65	$19K
Grant/Award	Performance Shares (PSUs) F1, F5	116.56	$229.65	$27K

Holdings After Transaction: Restricted Stock Units — 67,697.01 contracts (Direct); Stock Units — 28,272.25 contracts (Direct); Performance Shares (PSUs) — 40,066.56 contracts (Direct)

Footnotes (5)

1. F1. Based on 1 on 1 conversion.
2. F2. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.
3. F3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.
4. F4. The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.
5. F5. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Key Figures

Restricted stock units awarded: 196.9 units Stock units awarded: 82.25 units Performance shares awarded: 116.56 units +3 more

6 metrics

Restricted stock units awarded 196.9 units October 15, 2026

Stock units awarded 82.25 units October 15, 2026

Performance shares awarded 116.56 units October 15, 2026

Restricted stock units following transaction 67,697.01 units Reported following the transaction

Stock units following transaction 28,272.25 units Reported following the transaction

Performance shares following transaction 40,066.56 units Reported following the transaction

Key Terms

Restricted Stock Units (RSUs), Performance Shares (PSUs), measurement fund, dividend equivalents

4 terms

Restricted Stock Units (RSUs) financial

"additional Restricted Stock Units (RSUs) accrued as dividends"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Performance Shares (PSUs) financial

"earned Performance Shares ("PSUs")"

measurement fund financial

"The Investment Fund is a measurement fund"

dividend equivalents financial

"receive dividend equivalents"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What RSG equity awards did Brian A. Bales report?

Brian A. Bales reported direct awards of 196.9 restricted stock units, 82.25 stock units, and 116.56 performance shares on October 15, 2026. The RSUs reflect dividend accruals on outstanding awards, and the performance shares reflect dividend equivalents on earned PSUs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/19/2026 - 08:14 PM EDT Accepted by SEC EDGAR 10/19/2026 - 08:13 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bales Brian A

(Last) (First) (Middle)

C/O REPUBLIC SERVICES, INC.

5353 E. CITY NORTH DRIVE

(Street)

PHOENIX ARIZONA 85054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC SERVICES, INC. [ RSG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Development Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	10/15/2026		A		196.9		(2)	(2)	Common Stock	196.9	$229.65	67,697.01(3)	D
Stock Units	(4)	10/15/2026		A		82.25		(4)	(4)	Common Stock	82.25	$229.65	28,272.25	D
Performance Shares (PSUs)	(1)	10/15/2026		A		116.56		(5)	(5)	Common Stock	116.56	$229.65	40,066.56	D

Explanation of Responses:

1. Based on 1 on 1 conversion.

2. Represents additional Restricted Stock Units (RSUs) accrued as dividends on outstanding RSU awards that will vest and be settled to the extent the RSU is vested and settles.

3. A portion of the Restricted Stock Units are held under the Company's Deferred Compensation Plan.

4. The Reporting Person holds these stock units under the Republic Services Stock Investment Fund ("Investment Fund") pursuant to his election under the Company's Deferred Compensation Plan. The Investment Fund is a measurement fund under which units are equal in value to shares of the Company's common stock and are settled in cash and receive dividend equivalents, in the form of additional stock units, each time a dividend is paid on the Company's common stock.

5. Reflects dividend equivalents received on earned Performance Shares ("PSUs") in accordance with the Republic Services, Inc. 2021 Stock Incentive Plan and such PSUs were deferred under the Company's Deferred Compensation Plan.

Remarks:

	/s/ Lauren McKeon, Attorney-in-Fact	10/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)